Mortgage Daily

Published On: October 5, 2010

A former contractor at Fannie Mae has been convicted of trying to destroy the company’s computer system after he was fired.

The announcement of the conviction came yesterday from the Federal Bureau of Investigation’s Baltimore division.

According to the FBI, Rajendrasinh Babubhai Makwana was found guilty on Monday of computer intrusion.

Makwana began working as a contractor for Fannie at an Urbana, Md., facility in 2006. He was a UNIX engineer with access to Fannie’s network of nearly 5,000 computer servers.

On Oct. 24, 2008, he was fired.

After Makwana turned in his laptop computer, a senior engineer at the Washington, D.C.-based company discovered a malicious script embedded in a routine program. The engineer then analyzed the script, computer logs and other evidence only to discover that the malicious code had been transmitted on Oct. 24, 2008, and was set to execute on Jan. 31, 2009.

“The malicious code was designed to propagate throughout the Fannie Mae network of computers and destroy all data, including financial, securities and mortgage information,” the announcement stated.

Makwana is scheduled for sentencing on Dec. 8 and faces up to 10 years in prison.

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